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CHONGQING ROAD & BRIDGE CO.,LTD (600106)Constant Focus on Profitable ExpansionThe company operates three bridges and two roads, which are quality assets that perform well, and provide a stable and abundant cash flow. The assets ensure a continuous steady business performance. The rolling rights of the three bridges that the company owns are a number of years away from its expiration and its Jiahua Jialing River Bridge construction project, a major investment, will also escalate the company's income. In addition, it previously purchased a stake in Bank of Chongqing with its own funds, which has great potential in the future. Furthermore, its controlling shareholder is well versed in the financial industry.The company's stock is steadily growing after hitting its lowest recently and has been a constant focus of investors. Investors are advised to pay close attention to its short-term investments. Source: Shanghai Securities News Date: 9 Jul 2008 CN01/RL/MZ/BT/WH |
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Copyright NewsnChina 2009 |